Setting up a Google AdSense website is a simple and effective way to earn a passive income stream. The way it works is that you first have to find low competition keywords in a niche. Use Long Tail Pro to find keywords with low competition that get at least 1,000 – 2,000 searches per month. Then, write long, useful, and SEO-optimized articles around those keywords. Lastly, promote your website on social media and build backlinks to it.
The Passive Income Portfolio takes you on an across-the-board journey, spanning multiple industries, toward generating and sustaining passive income. This cogently written piece of work takes you to the heart of creating Passive Income and does it brilliantly with its tiered approach that builds-up the process of generating residual income streams in a structured lucid style. The author dexterously juggles targeted income generating strategies with acute business and financial insights and real life illustrations in a compelling and easy to read format. The subject is covered with ample breadth and compelling profundity using a step-by-step approach. As you roll through the pages and bask in the insights, you will not only witness a change in your mindset but also come across direct go-to resources that you can use to begin implementing the theories mentioned herein. A complete reference book, this is a must read for all the passive income aficionados who want to bite into real substance. http://www.thepassiveincomeportfolio.com/
In a world in which most of the population of countries in which selling photos is a real thing, almost everyone has a smartphone with a decent enough camera. A little learning of the principles of photography, some knowledge of how light works and how shadows are made, a couple good landscapes and you will be set to become a semi-pro photographer.
Try to write one good post about an expensive product or a list of expensive products that you recommend and actually use. Make sure it has good SEO and wait about 6 months for it to start making money. This is what started making me money at first. My Non-toxic play mats posts got on the first page of Google results and it started making me affiliate income.

Most credit card companies offer sign-up bonuses to entice you to open a credit account with them. As long as you don’t spend money just to hit the minimum balance and always pay your balance on time, this can have a minimal impact on your credit score while earning you hundreds – or even thousands – of dollars a year. Some of the best travel credit cards offer 100,000 points to new accounts when you meet reasonable spending requirements.


Partial disability coverage is similar to residual disability coverage. Both types of coverage pay benefits if you're able to perform some of the duties of your occupation. However, loss of income is not considered in partial disability. You're instead paid an amount equal to 50 percent (or sometimes less) of the benefit that you would earn if you were totally disabled. Importantly, the benefit period is much shorter, usually only 6 to 12 months.
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This lesson of repackaging, proved transformational for my second information product all those years ago.  I took a treasure trove of writing and turned it into several multimedia forms, including audio and video.  I was then able to sell the course as a multimedia driven training program.  It allowed me to charge 4 times the price (of an already expensive ebook), and dramatically boost conversions.
The Millionaire Fastlane – The author challenges the notion that the ideal life is to get a job, save slowly, retire old, and then have enough money to last the rest of your lifetime. He states that true wealth is having freedom, friends and family, and good health. His teaching has obviously rubbed off on me quite a bit. He challenges you to no longer be a consumer, but to think like a producer. Create and produce, become an entrepreneur, and that will put you on the fast lane to true wealth.
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Now, anyone in the business of convincing you to start a passive online company will tell you that getting started does take actual work. Often, quite a bit of work. You’ll need to write a piece of intellectual property from scratch like an eBook, guide, or several blog posts. You’ll need to set up an online store. And though you’re not creating the products yourself, you will still need to invest considerable time in setting up the site and customizing it.
I wouldn't think of a high yield savings account as a source of passive income but your savings should be getting something (less like Seinfeld syndication residuals and more like a commercial jingle residuals!). It won't make you rich but it's nice if your baseline, risk-free rate of return on cash is 1% or more. The best high yield savings accounts (or money market accounts) offer higher interest rate and there is absolutely no risk. CIT Bank currently leads the pack with the highest interest rate.
Also, I know from my personal experience that when you only do something because you think it’s a money-spinner you end up nearly killing yourself to get the idea over the line.  I remember creating a careers advice site that bored me to tears.  Every word I wrote, hurt a little.  All 200,000+ words!  Do not put yourself through this pain.  I know I won’t ever again.
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